One-Minute Blockchain News – May 02, 2022

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·       The famous investor Charlie Munger has made it clear that Bitcoin is not a productive asset. “U Today”

·       The United States Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. “Bitcoin News”

·       The total network hash rate and staked Ethereum amount both added 111 percent compared to the first quarter of 2021. “U Today”

·       Australians may have to wait a little longer for the debut of the nation’s first financial products offering direct expose to cryptocurrencies. “Bloomberg Crypto”

·       Bitcoin network difficulty breaks into a new all-time-high of 29.794T. “Coin Telegraph”

·       Binance blocks crypto accounts of relatives tied to the Russian government. “Coin Telegraph”

·       Shiba Swap decentralized exchange records over 37 trillion Shiba staked. “U Today”

·       The Solana Blockchain network is recovering after going dark in a seven-hour outage following a significant rush of bots trying to mint NFTs on the crypto network. “Bloomberg Crypto”

·       Following a massive minting, Ethereum failed to satisfy the demand of investors. “U Today”

·       According to a prominent market analyst, Bitcoin may drop to 28 thousand dollars. “U Today”